Wednesday, September 02, 2020
KANSAS CITY SOUTHERN TAKEOVER BID MOVES FORWARD QUICKLY!!!
The latest biz development confronting a big local company, graciously sent our way by KICK-ASS TKC Readers . . .
Reuters: Blackstone, GIP make takeover bid for Kansas City Southern: WSJ
Blackstone Group and Global Infrastructure Partners (GIP) submitted a fresh takeover bid after an earlier attempt was rebuffed by the company, the people said, according to the report. (on.wsj.com/2QPlsss)
WSJ had reported in July that the buyout investor group was considering a takeover bid for Kansas City Southern in a deal valued at about $20 billion.
Developing . . .